Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
May 20, 2021

Central Massachusetts Town Clears A Path For New England's First Multi-Story Warehouse

[Digital Summit] Join Calare Properties & Seyon June 29 for Transforming Boston Industrial

A small central Massachusetts town has paved the way for New England’s first ground-up, multi-story warehouse, taking a big step toward embracing the project expected to be a high-tech Amazon structure.

Central Massachusetts Town Clears A Path For New England's First Multi-Story Warehouse

Residents at Charlton’s town meeting Monday applauded after their 119-19 vote to approve a zoning update to allow a structure of up to 110 feet, clearing the way for developers Bluewater Property Group and Bay Colony Property to seek special permits despite the board of selectmen and planning board's recommendations against approval.Developers hinted…

Read the full story here.

  Share:  

 
Perforation

Top Stories on Bisnow.com

Target Boosting Distribution Expansion With 5 New Sortation Centers Target Boosting Distribution Expansion With 5 New Sortation Centers
European Data Center Specialist Jumps The Atlantic, Plans $2B In Projects European Data Center Specialist Jumps The Atlantic, Plans $2B In Projects
3D Visualization Technology Can Ease The Anxiety Of Redesigning For The New Office Environment 3D Visualization Technology Can Ease The Anxiety Of Redesigning For The New Office Environment
WeWork’s Demand Surpasses Pre-Pandemic Levels, Chairman Says WeWork’s Demand Surpasses Pre-Pandemic Levels, Chairman Says
Perforation

Oxford Property Group Sues WeWork For $1.8M In Back Rent At Downtown Location

Oxford Property Group Sues WeWork For $1.8M In Back Rent At Downtown Location

Oxford Properties Group is suing WeWork for more than $1.8M in back rent, claiming the coworking giant broke a contract and abandoned its large downtown space.The lawsuit, filed late last week by attorneys with Dain, Trophy, Le Ray, Wiest & Garner…

Read the full story here.

  Share:  

 
Perforation

Reparations Are Gaining Momentum Across The Country. Real Estate Is Front-And-Center

Evanston, Illinois, became the first U.S. city to fund reparations earlier this year, part of an effort to make amends for the city's history of racial housing discrimination.

Evanston is at the forefront of a growing grassroots movement of local governments taking action to explicitly move forward on some form of reparations to make up for social and systemic sins against Black Americans. While scholars say only the federal government can truly right the wrongs of slavery and Jim Crow, these municipalities are taking critical first steps, and their focus thus far has largely been centered on real estate.

“The American housing and commercial real estate markets have been really horribly racist for the last couple of hundred years,” University of Minnesota Humphrey School of Public Affairs professor Edward Goetz said. “I think [real estate] presents itself as a logical place to think about reparations.”

Read the full story here.

 
Perforation

In Case You Missed It...

Biopharma Bails On $53M Lease With BioMed Realty Trust, Gets Immediately Replaced Biopharma Bails On $53M Lease With BioMed Realty Trust, Gets Immediately Replaced
Boston's Lab Pipeline Won't Solve Its Hospitality Woes Boston's Lab Pipeline Won't Solve Its Hospitality Woes
The Innovators: Zone 3 The Innovators: Zone 3
With A $28.6B Grant Fund, Restaurant Landlords Hope To Recoup Lost Rent With A $28.6B Grant Fund, Restaurant Landlords Hope To Recoup Lost Rent
Whoop Taking Full Building In Kenmore Project For New Headquarters Whoop Taking Full Building In Kenmore Project For New Headquarters
 
Perforation

The Hospitality Industry Is On Its Way Back, And Investors Are Returning As Well

The coronavirus pandemic put much of the economy on ice in 2020, especially the hospitality industry, but this year a thaw began, and investors are ready to start buying hotels again.

The Hunter Hotel Investment Conference was held last week in Atlanta, attracting more than 1,100 participants, according to NewcrestImage CEO and Chairman Mehul Patel. And the mood was buoyant.

“They were all looking for investment opportunities,” he said.

Read the full story here.

 
Perforation

The Innovators: Placer.ai

 

Artificial intelligence is transforming commercial real estate, and Placer.ai, a startup founded in 2019 that secured $50M Series B funding in April, is part of that wave. 

The company provides insights about consumer foot traffic for frequently visited places like retail stores by using mobility data harvested from aggregated cellphone signals, on devices many people carry when shopping or running errands. 

Only two years old, Placer.ai's client roster includes Boston Properties, Tishman Speyer, Regency Centers, Planet Fitness and Macerich, and the company is providing a window into people’s movements in the built environment previously unseen before AI’s advancement. 

“The idea is to be able to research anything you can draw a polygon around,” Placer.ai CEO and co-founder Noam Ben-Zvi said.

Read the full story here.

 
 
About
   
Contact
   
Sponsor
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
Unsubscribe from this
   
Unsubscribe from All
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 48430